BLACK HILLS CORP /SD/ — Director's Dealing 2019

Feb 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BLACK HILLS CORP /SD/ (BKH)
CIK: 0001130464
Period of Report: 2019-02-04

Reporting Person: EMERY DAVID R (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-04	Common Stock	F	2690.3590	$66.94	Disposed	221538.30	Direct
2019-02-05	Common Stock	F	2377.5270	$67.14	Disposed	219160.7730	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2142.5160	Indirect
Common Stock	130.5640	Indirect
Common Stock	130.5640	Indirect

Footnotes

F1: Shares used to pay tax withholding associated with Restricted Stock Vesting from 2-4-16 Restricted Stock Grant.

F2: Shares used to pay tax withholding associated with Restricted Stock Vesting from 2-5-18 Restricted Stock Grant.